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LIONTOWN Resources has received a A$3 per share non-binding takeover proposal from US chemicals giant Albemarle Corporation.
Liontown managing director Tony Ottaviano at Kathleen Valley last month
It is the fourth offer from Albemarle after it proposed $2.20 per share in October 2022, $2.35 per share in early March and $2.50 per share in late March.
All three offers were rejected.
Rinehart's vehicle lifts stake in Liontown again
Liontown ups capex, suspends DSO sales
Albemarle aiming for quick close of Liontown deal
Rinehart emerges with major Liontown stake
Hancock now Liontown's biggest shareholder
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